respected weekly supply level lets see what unfolds
???????? Small body candles fail to have enough momentum to push higher. can this be it?
Seems like a reasonable thing to assume. Use price action to confirm your decision. this is my bias. Please leave feedback in the comment section below. Thanks and happy trading! R/R 1:6
Still have some bullishness left in this move if you ask me. Equal legs still haven't been met.As ugly as this looks this looks like a 5-3-5 structure. demand zone looks promising look for 1 hour bullish brekouts
pretty neat and equal legs setup approaching look for price action to get you in and book targets at -.272
bearish engulfing nice setup for a multi week short
4hr short to possibly end the D leg in this triangle. Wait for some bearish engulfing to get you in, targets should be around -23.6 fib this trend is anything but impulsive.
Even though the main direction is down, we can still experience a minor push back up into the zone before another drop
let the charts do the work expected to head towards long area
I like fibs lol break of trend line would be great entry last candle turned to be a bearish engulfing that failed to break the 50 percent retracement
Possible abcde triangle unfolding longs favored decent risk to reward
Even though it could sell off more so because of the jpy influence, I still see a hell of a good long setup within the daily Bull flag structure. Using the gap as trend line support as well as a clear demand zone printed and Fib confluences could take us higher and break channel seeing all the way to possibly 120-137 extremely interesting zone to consider.
EU REACTED OFF OF ZONE NICELY. THE ONLY PRACTIAL THING TO EXPECT IS A RETEST OFF OF THIS SHORT 250 PIPS LOWER AND IF BREAK THEN LOOK FOR 500 PIPS
DXY MOVE SHOULD BREAK AFTER THE BREAK OF THIS ZONE between 99.32-100.00 to favor longs
Bearish engulfing stop at previous lowerhigh #tradewithtrend